Education
About Us
Working with TipRanks
Follow Us
Canadian Solar Inc (CSIQ)
NASDAQ:CSIQ
Earnings Data
Report Date
Aug 08, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.35Last Year’s EPS
0.02Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: 3.86%
|Next Earnings Date:Aug 08, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. On one hand, Canadian Solar reported higher module shipments and launched innovative products, reflecting strong operational performance and growth potential. However, the company also faced profitability challenges, market overcapacity, and uncertainties due to US-China tariffs, leading to a net loss and reduced guidance for 2025.Company Guidance
In the first quarter of 2025, Canadian Solar reported a solid performance with module shipments reaching 6.9 gigawatts, exceeding guidance slightly, and revenue totaling $1.2 billion, at the high end of their forecast. The gross margin was 11.7%, modestly surpassing expectations. Despite these achievements, the company faced challenges, including lower contributions from storage, duties, tariffs, and ongoing transformation, resulting in a net loss to shareholders of $34 million or $0.69 per diluted share. Looking forward, they anticipate module shipments for the second quarter to range between 7.5 and 8 gigawatts and energy storage solutions of 2.4 to 2.6 gigawatt-hours, with a projected revenue of $1.9 to $2.1 billion, and gross margin expected between 23% and 25%. Full-year 2025 guidance was updated, with module volume now expected between 25 and 30 gigawatts and energy storage shipments between 7 and 9 gigawatt-hours, leading to an anticipated full-year revenue of $6.1 to $7.1 billion.Module Shipment Exceeds Guidance
Canadian Solar achieved module shipments of 6.9 gigawatts, slightly above guidance, indicating strong demand and operational efficiency.
New Product Launches
Canadian Solar announced several new products, including Anti-Hail technology and N-type High Power TOPCon Gen 2 modules, showcasing innovation in solar and energy storage.
Strong Energy Storage Pipeline
The company reported a record pipeline of 91 gigawatt hours in energy storage, highlighting significant growth potential in this segment.
Improved Shipping Costs
Average selling prices improved with a higher share of shipments to North America, and shipping costs declined sequentially due to softening global shipping rates.
CSIQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CSIQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $10.11 | $10.69 | +5.74% |
Mar 25, 2025 | $9.70 | $9.76 | +0.62% |
Dec 05, 2024 | $12.07 | $11.46 | -5.05% |
Aug 22, 2024 | $14.56 | $12.28 | -15.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Canadian Solar Inc (CSIQ) report earnings?
Canadian Solar Inc (CSIQ) is schdueled to report earning on Aug 08, 2025, TBA Not Confirmed.
What is Canadian Solar Inc (CSIQ) earnings time?
Canadian Solar Inc (CSIQ) earnings time is at Aug 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CSIQ EPS forecast?
CSIQ EPS forecast for the fiscal quarter 2025 (Q2) is 1.35.
